Alcott HR Group, LLC
Updated Filing received by DOL
Alcott HR Group, LLC, an administrative & support services employer in Farmingdale, New York, reported 6,068 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $14M in insurance premiums across 13 contracts and $1.0M in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on March 13, 2026, within the extension window.
Who was paid on Alcott HR Group, LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Alcott HR Group, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Alcott Insurance Agency Inc · Farmingdale, NY | $460,338 | $0 | $460,338 | 3 |
| Compass Consulting Group Inc · Jacksonville, FL | $339,285 | $76,179 | $415,464 | 8 |
| Centro Benefits Research LLC · Beachwood, OH | $91,451 | $45,783 | $137,234 | 8 |
| EPIC Insurance Brokers · Concord, CA | $349 | $50 | $399 | 2 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Highmark Western and Northeastern New York Inc.health, prescription drug | 2,289 | $14M | — | — |
| Metropolitan General Insurance Companycoverage not coded | 591 | — | $13,190 | — |
| Safeguard Health Plans, Inc., a Florida Corporationdental, HMO | 14 | — | $132 | — |
| Banner Health and Aetna Healthhealth | 19 | — | — | — |
| Metropolitan Life Insurance Companyindemnity | 1,144 | — | $20,159 | — |
| Metropolitan Life Insurance Companycoverage not coded | 2,027 | — | $19,669 | — |
| Aetna Life Insurance Co.health | 2,094 | — | $442,506 | — |
| Metropolitan Life Insurance Companydental | 2,968 | — | $138,504 | — |
| Safeguard Health Plans, Inc., a California Corporationdental, HMO | 4 | — | $63 | — |
| Metropolitan Life Insurance Companyvision, life, short-term disability, long-term disability | 7,358 | — | $339,993 | — |
| Safeguard Health Plans, Inc., a Texas Corporationdental, HMO | 4 | — | $42 | — |
| Metropolitan Life Insurance Companycoverage not coded | 1,315 | — | $34,535 | — |
| Emblem Healthhealth, HMO | 11 | — | $4,642 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Alcott HR Group, LLC compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Premium per covered person on medical contracts: $6,200 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 5,868 | 6,068 | +3.4% |
| Premiums filed | $12,420,179 | $14,192,136 | not comparable |
| Broker commissions + fees | $974,020 | $1,013,435 | +4.0% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Alcott HR Group, LLC Group Insurance Plan#503 · insurance, trust | May 31, 2025 | March 13, 2026 | within extension | 6,068 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Alcott HR Group, LLC pay in health insurance broker commissions in 2024?
Alcott HR Group, LLC's 2024 Form 5500 reports $1,013,435 in broker commissions and fees across 13 insurance contracts ($891,396 in commissions, $122,039 in fees), with Alcott Insurance Agency Inc receiving the largest share.
Is Alcott HR Group, LLC's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Highmark Western and Northeastern New York Inc., Banner Health and Aetna Health, Aetna Life Insurance Co..
How does Alcott HR Group, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Alcott HR Group, LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.